Yes, it’ll take some time, but the purpose of bankruptcy is to allow individuals (and businesses, in some case) to purge themselves of excessive debts so that they can eventually be free to pursue other investments.
Whether your bankruptcy was brought on by unwise credit card spending, debts carried over from divorce, a failed business enterprise, or whatever else, by engaging the bankruptcy court, you are starting the process of getting clear from bad investments in the past and moving on.
After a few years of smart decisions to rebuild your credit, banks will begin to view you as good credit risk, and you should be able to acquire financing for new endeavors and launch new business ventures.
Zelenitz, Shapiro & D’Agostino has the experience you need to navigate a bankruptcy filing and chart a new course.
Call us today at 718-599-1111 and talk to a bankruptcy attorney for free.